SonicJobs Logo
Left arrow iconBack to search

Mortgage Document Coordinator

Valley Bank
Posted 20 days ago, valid for 13 days
Location

Wayne, NJ, US

Salary

Competitive

Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • The job involves reviewing new loans for accuracy, making necessary changes in the MISER system, and ensuring proper documentation is filed timely.
  • Responsibilities include interacting with investors, assisting with corrective documentation, and preparing Post Funding Audit requests for Fannie Mae, Freddie Mac, and PMI companies.
  • Candidates must have strong multitasking abilities, attention to detail, and effective communication skills, both verbal and written.
  • A minimum of three years of mortgage-related experience is required, along with a High School Diploma or GED.
  • The position offers a competitive salary, though the specific amount is not mentioned in the job description.
Responsibilities include but are not limited to:
  • Review new loans passed from the Mortgage Department's loan origination system to MISER for accuracy of information within prescribed timeframes after loan boarding.
  • Make changes to MISER as needed and as supported by the original loan documentation. Interacts with investors ensuring documentation is correct and complete.
  • Ensure proper follow-up and filing of original loan documents, Note, recorded Mortgage, Title Policy and Assignments, within the prescribed timeframes to complete the Collateral files.
  • Assist with the follow-up on corrective documentation sent to borrowers and/or settlement agents.
  • Receive, prepare and submit Post Funding Audit requests to Fannie and/or Freddie Mac and PMI companies within the prescribed timeframes.
  • Interview borrowers who are applying for a modification, assumption, re-amortization, or partial release of an existing first residential mortgage loan.
    • Review the submission package to ensure completeness, viability and compliance with established guidelines. Communicate with borrowers whose packages are incomplete and secure the missing documentation.
    • Prepare and submit packages to the Mortgage Servicing Manager for review and approval, denial or counter-offer. Preparation of documentation supporting management's decision.
    • Ensure finalized documentation is retained in loan files or delivered timely to Custodians for GSE's.
  • Assist with the preparation and submission of external home equity subordination requests.
  • Assist in the preparation of daily, weekly and monthly reports.
Qualifications
Required Skills:
  • High ability to multi-task and prioritize workflow and assignments.
  • High accuracy with attention to detail and meeting deadlines.
  • Ability to work independently and in a team environment.
  • Effective verbal and written communication skills.
  • Ability to comprehend, analyze and explain all aspects of a customer's request.
  • Ability to perform mathematical calculations and working accurately with numbers.
  • Knowledge of Microsoft Word, Excel and Access.
Required Experience:
  • High School Diploma or GED and a minimum of three years' mortgage related experience.



Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.